UNIQUE opportunity to acquire a retail storefront in a great neighborhood just 10 minutes away from Downtown Portland, Oregon. The neighborhood has a nice mix of residential and commercial property and is a shopping district with high foot traffic due to the many restaurants and shops. Currently the shop averages around $200k in sales per month and can be increased with an investment in heavier marketing by the new owner. The business generated $1.95M in Gross Sales in 2022. There is no dedicated parking lot, however, there are 2 curbside drive up parking spots for order pick up and there is street parking. The shop does not currently offer delivery, however, it would be a great option in this neighborhood. The business is free of liabilities and has been operational for 2 years. 

Details:

License: OLCC Approved Retail License
Space: ~1,500 Sq Ft
Rent: $4,600.00 (Includes NNN, Utilities, etc.)
Lease: 4 Yrs w/5 Yr Option
Employees: 8-12
POS: GreenBitz
2022 Gross Sales: $1,950,842
2023 Q1/Q2 Gross Sales: $916,263
Brand and Book of Business Included in the Sale! 

Licenses:

Adult Use Retail Store: Purchase adult use marijuana, pre-packaged retail units of marijuana flower and marijuana trim, immature marijuana plants and seedlings from a licensed cultivation facility; Purchase packaged adult use marijuana and adult use marijuana products from a products manufacturing facility; Sell consumable products not containing marijuana, including, but not limited to: soft drinks, candies and baked goods. 

Asking Price: $ 779,000.00 (Seller Open to Offers)

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Scott Hite, DRE LIC OR# 201218627

Green Life Business Group, Inc DRE CA LIC# 02061374

Gordon Sattro, DRE LIC CA# 02136011

Tom Milks, DRE LIC CA #02064305

If you have any questions call Gordon (858) 220-2185 or Tom (619) 972-5952

Email: gordon@glbgroupinc.com or tom@glbgroupinc.com 

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary.This listing is represented by a Local Broker via the Green Life Business Group National Affiliate Program.